Answer:
Summing up all of the money spent by consumers, businesses, and government in a given period. It may also be calculated by adding up all of the money received by all the participants in the economy
Answer:
Capitalism
Explanation:
Private individuals or firms own economic resources and control their use.
Voluntary trade is the mechanism that drives activity in a capitalist system.
The owners of resources compete with one another over consumers, who in turn, compete with other consumers over goods and services.
Answer:
The options for this question are the following:
A. Minimal
B. Superficial
C. Low-budget
D. Excessive
The correct answer is D. Excessive.
Explanation:
In this case, it is useful to consider that cost control is the procedure that allows companies to carry out the regulatory and protection processes against what the client expects to receive. Toyota is a well-known brand, and poor cost management can have an impact on the inflation of its costs and therefore the price of its cars rises considerably. Excessive costs negatively influence the companies' results, and therefore their correct management influences optimal results for the operation.
F. False
Activity based costing uses a number of cost-activity pools, each of which could have a different allocation base.
Answer:
$47,200
Explanation:
The computation of the capitalized amount as a cost of machine is shown below:
= Cash price of new machine + monthly installment charges
= $46,400 + $800
= $47,200
Since we have to find out the capitalized amount so we consider the cash price and the monthly installment charges only
All other information which is given is not relevant. Hence, ignored it
